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The Fourteenth Amendment:
Classical
Pertains to economic theories and models that emphasize free markets, competition, and the self-regulating nature of economies, first developed in the 18th and 19th centuries.
Wages
Payments made to workers or employees as compensation for their labor or services.
Prices
The monetary value assigned to goods and services, determined by various factors including supply and demand dynamics.
Institutional Barriers
Obstacles created by cultural, legal, and organizational structures that hinder the progress or implementation of policies or operations.
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